Guerrilla RF insider exercises 14K options at $6
Guerrilla RF, Inc. (GUER) reported that director and ten percent owner Todd B. Hammer exercised stock options for 14,164 shares of common stock at an exercise price of $6.00 per share on August 28, 2026.
Rhea-AI Filing Summary
Guerrilla RF, Inc. (GUER) reported that director and ten percent owner Todd B. Hammer exercised stock options for 14,164 shares of common stock at an exercise price of $6.00 per share on August 28, 2026. The corresponding option for 14,164 shares was fully exercised and disposed, leaving 46,456 common shares held directly. Hammer is also reported as having indirect interests in Series A Convertible Preferred Stock and common stock purchase warrants representing 7,213,115 and 2,885,246 underlying common shares, respectively, through NR-PRL Partners, LP and related entities, with beneficial ownership disclaimed except for his pecuniary interest.
Positive
- None.
Negative
- None.
Insider Trade Summary
14,164 shares exercised/converted
Exercise
4 txns
Insider
HAMMER TODD B
Role
Director, 10% Owner
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Stock Option F4 | 14,164 | $0.00 | $0.00 |
| Exercise | Common Stock F5 | 14,164 | $6.00 | $85K |
| holding | Series A Convertible Preferred Stock F1, F2, F3 | -- | -- | -- |
| holding | Common Stock Purchase Warrants F2, F3 | -- | -- | -- |
Holdings After Transaction:
Stock Option — 0 contracts (Direct);
Common Stock — 46,456 shares (Direct);
Series A Convertible Preferred Stock — 7,213,115 contracts (Indirect, See Footnotes.);
Common Stock Purchase Warrants — 2,885,246 contracts (Indirect, See Footnotes.)
Footnotes (5)
- F1. The securities do not have any expiration date.
- F2. The reported securities are directly held by NR-PRL Partners, LP, and may be deemed to be indirectly beneficially owned by NR-PRL Partners GP, LLC as the general partner of NR-PRL Partners, LP. The securities may also be deemed to be indirectly beneficially owned by the Reporting Person as a member of NR-PRL Partners GP, LLC.
- F3. The Reporting Person disclaims beneficial ownership of these securities except to the extent of his pecuniary interest therein, and this report shall not be deemed an admission of beneficial ownership of the securities for purposes of Section 16 of the Securities Exchange Act of 1934, as amended, or for any other purpose.
- F4. The option is immediately exercisable, subject to a right of repurchase in favor of the Issuer with respect to shares issued to the Reporting Person upon exercise of the option prior to vesting. The option vests on the earlier of (i) the first anniversary of the grant date and (ii) the date of the Issuer's next annual meeting of stockholders (currently expected to be June 9, 2027), subject to the Reporting Person's continued service through such vesting date.
- F5. Pursuant to the exercise of stock options.
Key Figures
Stock options exercised: 14,164 shares
Exercise price per share: $6.0000
Direct common shares after transaction: 46,456 shares
+4 more
7 metrics
Stock options exercised
14,164 shares
Common stock acquired via option exercise on 2026-08-28
Exercise price per share
$6.0000
Exercise price for the 14,164 common shares
Direct common shares after transaction
46,456 shares
Total Guerrilla RF common stock held directly by Todd B. Hammer following the exercise
Underlying shares from Series A Convertible Preferred Stock
7,213,115 shares
Underlying Guerrilla RF common shares associated with Series A Convertible Preferred Stock, held indirectly
Conversion price for Series A Convertible Preferred Stock
$327.8700
Conversion price per underlying common share for Series A Convertible Preferred Stock
Underlying shares from Common Stock Purchase Warrants
2,885,246 shares
Underlying Guerrilla RF common shares associated with common stock purchase warrants, held indirectly
Exercise price for Common Stock Purchase Warrants
$3.0500
Exercise price per underlying common share for the common stock purchase warrants, expiring 2030-02-05
Key Terms
Stock Option, Series A Convertible Preferred Stock, Common Stock Purchase Warrants, pecuniary interest
4 terms
Stock Option financial
"security_title: "Stock Option""
A stock option is a contract that gives you the right to buy or sell a company's stock at a specific price within a certain time frame. People use them to potentially make money if the stock's price moves favorably or to protect against losses. It's like holding a coupon that can be used to buy or sell stock at a set price later on.
Series A Convertible Preferred Stock financial
"security_title: "Series A Convertible Preferred Stock""
Series A convertible preferred stock is a class of shares sold in an early funding round that gives investors a mix of protection and upside: it pays a priority claim over common shares if the company is sold or closes, but can be converted into ordinary shares to share in future growth. Think of it like a hybrid between a safer stake and a ticket to ownership; it matters to investors because it affects who controls the company, how future gains are split, and how much their investment is protected from downside.
Common Stock Purchase Warrants financial
"security_title: "Common Stock Purchase Warrants""
Common stock purchase warrants are tradable instruments that give the holder the right to buy a company’s common shares at a set price before a specified date, like a coupon that lets you purchase stock later at a fixed rate. They matter to investors because they offer a way to gain future upside if the stock rises, but when exercised they increase the number of shares outstanding and can reduce existing shareholders’ ownership and earnings per share.
pecuniary interest financial
"disclaims beneficial ownership of these securities except to the extent of his pecuniary interest"
FAQ
What insider transaction did Todd B. Hammer report for GUER on August 28, 2026?
Todd B. Hammer reported exercising stock options for 14,164 shares of Guerrilla RF, Inc. common stock at an exercise price of $6.00 per share on August 28, 2026, resulting in 46,456 common shares held directly after the transaction.
What was the exercise price of the Guerrilla RF (GUER) stock options exercised by Todd B. Hammer?
The stock options exercised by Todd B. Hammer for Guerrilla RF (GUER) had an exercise price of $6.00 per share, covering 14,164 shares of common stock.
What indirect holdings in Guerrilla RF (GUER) are associated with Todd B. Hammer?
Indirect holdings associated with Todd B. Hammer include Series A Convertible Preferred Stock and common stock purchase warrants representing 7,213,115 and 2,885,246 underlying Guerrilla RF common shares, respectively, through NR-PRL Partners, LP and related entities.
Does Todd B. Hammer disclaim beneficial ownership of some GUER securities?
Yes. For the indirect holdings through NR-PRL Partners, LP and related entities, Todd B. Hammer disclaims beneficial ownership except to the extent of his pecuniary interest, as stated in the filing footnotes.
What are the key terms of the stock option Todd B. Hammer exercised in GUER?
The option covered 14,164 shares of Guerrilla RF common stock at an exercise price of $6.00 per share, is immediately exercisable, and is subject to a right of repurchase by the issuer for shares issued before vesting, with vesting tied to the first anniversary or the next annual meeting.
AI-generated analysis. How Rhea-AI works. Not financial advice.
